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Vast Data lands $118M to grow its data storage platform for AI workloads

TechCrunch

Vast Data, to make an obvious pun, is raising vast sums of cash. The New York-based startup, which provides a scale-out, unstructured data storage solution designed to eliminate tiered storage (i.e.

Storage 265
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Scaling AI? First—get your data storage right

CIO

As the general manager of the Oakland Athletics, Beane used data and analytics to find undervalued baseball players on a shoestring budget. In 2002, his data-driven baseball team achieved a 20-game winning streak and the American League West title, competing against franchises spending over twice as much recruiting players.

Storage 198
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DNA-based data storage platform Catalog raises $35M

TechCrunch

Conventional electronic media like flash drives and hard drives require energy consumption to process a vast amount of high-density data and information overload and are vulnerable to security issues due to the limited space for storage. There is also an expensive cost issue when it comes to transmitting the stored data.

Storage 238
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Reliable and efficient data storage infrastructure is key to overcoming the challenges of the Yottabyte Age

CIO

Data volumes continue to grow, making it increasingly difficult to deal with the explosive growth. Huawei predicts that by 2030, the total data generated worldwide will exceed one YB, equivalent to 2 80 bytes or a quadrillion gigabytes. These applications require faster parallel processing of data in diverse formats.

Storage 209
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Synthetic DNA startup Catalog partners with Seagate for its DNA-based data storage platform

TechCrunch

Data needs to be stored somewhere. However, data storage costs keep growing, and the data people keep producing and consuming can’t keep up with the available storage. According to Internet Data Center (IDC) , global data is projected to increase to 175 zettabytes in 2025, up from 33 zettabytes in 2018.

Storage 206
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iCloud+ adds a 6TB and 12TB storage plan

TechCrunch

Slipped at the end of its announcements for a new line of iPhones, Apple revealed two new tiers for iCloud+, its cloud storage subscription. Now subscribers can store 6 terabytes or 12 terabytes of data with these new subscription tiers.

Storage 286
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Accelerating generative AI requires the right storage

CIO

In generative AI, data is the fuel, storage is the fuel tank and compute is the engine. Organizations need massive amounts of data to build and train generative AI models. In turn, these models will also generate reams of data that elevate organizational insights and productivity.